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A quantitative analysis of the health care resource allocations: the private versus the public route in the United Kingdom

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  • Eddy Waller

Abstract

With public spending subject to increasing security, the private sector has grown in influence in providing welfare. The public and private mix of welfare has been theorized in many academic disciplines but has not received full quantitative application. This letter attempts an estimation of the average costs of in-patient stay in each sector and finds that the public sector offers the greater efficiency using this measure. It goes on to calculate the number of treatments that would be possible if all health resources were allocated to the public sphere.

Suggested Citation

  • Eddy Waller, 1998. "A quantitative analysis of the health care resource allocations: the private versus the public route in the United Kingdom," Applied Economics Letters, Taylor & Francis Journals, vol. 5(9), pages 583-585.
    • Handle: RePEc:taf:apeclt:v:5:y:1998:i:9:p:583-585
    DOI: 10.1080/758529504
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    1. Iversen, Tor, 1993. "A theory of hospital waiting lists," Journal of Health Economics, Elsevier, vol. 12(1), pages 55-71, April.
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